Online edition of India's National Newspaper
Friday, Jun 27, 2003

About Us
Contact Us
Miscellaneous
News: Front Page | National | Southern States | Other States | International | Opinion | Business | Sport | Miscellaneous |
Advts:
Classifieds | Employment | Obituary |

Miscellaneous - This Day That Age Printer Friendly Page   Send this Article to a Friend

dated June 27,1953: India's Right to Foreign Aid

V. Narahari Rao, Comptroller and Auditor-General, said in an address to the YWCA in Madras on the 26th that, during World War II, India had contributed far more to the Allies than she could afford to, and the country had been left prostrate. France and Germany had also lain prostrate, but been rehabilitated by American aid. India was a partner of the Allies not only during that War, but also in peace. Hence, she had every right to expect aid from countries like America. There was nothing wrong in taking aid, if it was properly used to develop the country and make it self-reliant. India also needed to help herself. Poverty in the country could not be tackled unless the country improved its productivity. If goods and services were not produced apace and evenly distributed, only poverty would spread. Eighty-five per cent of Indians were poor. Mr. Rao decried the tendency to fan ill-will among the have-nots and turn them against the relatively well-off. Instead, the Five Year Plan and development programmes based on local initiative had to be promoted to make India get out of her economic and social problems.

Printer friendly page  
Send this article to Friends by E-Mail

Miscellaneous

News: Front Page | National | Southern States | Other States | International | Opinion | Business | Sport | Miscellaneous |
Advts:
Classifieds | Employment | Obituary |


The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | The Sportstar | Frontline | The Hindu eBooks | Home |

Copyright © 2003, The Hindu. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu